Income protection

Income Protection (Sometimes called Permanent Health Insurance or PHI) pays you a regular income up to 75% of your salary in the event of you not being able to work through accident, injury or illness.

There is normally a deferred period and you can choose this the time of taking out the policy, typically 4 weeks, 8 weeks, 13 weeks or 52 weeks. The longer the deferred period you choose, the less premium you will pay.

Do You Need It?

Are you self-employed with no source of income if you can’t work?

Does your employer only pay sick pay for a limited time?

Do you have loved ones that depend on you and your income?

Do you want to have your pension contributions paid in the event of being unable to work through injury or illness?